Rutin Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026
Certain plants have
been used to cure and prevent diseases for centuries. Continuous
efforts have been made to study the bioactive compounds present in
plants. Several plants have medicinal ingredients and bioflavonoid is
one of such ingredients. Rutin is a plant flavonoid found in fruits
or vegetables, which is used in drugs. Research has proved that rutin
has anti-viral, anti-carcinogenic, anti-oxidant, anti-allergic, and
anti-inflammatory properties.
The rutin market is
driven by rise in the demand from the pharmaceutical industry, as
rutin helps cure thrombosis. It also provides protection against
chronic diseases such as varicose veins, internal bleeding,
hemorrhoids, and hemorrhagic stroke. Rutin has been approved by the
U.S. FDA (Food & Drug Administration). Moreover, rutin is used in
several clinical and equivalence trials. Though reports do not show
any major side-effects, the prolonged use of high doses of rutin may
lead to certain side-effects such as hair loss, skin rash, headache,
nausea, dizziness, and issues in sleeping. Dependence only on plants
for the extraction of rutin may lead to extinction of certain plant
species.
In the
pharmaceutical industry, rutin is used in the preparation of drugs.
It is used as an anti-microbial, anti-fungal, and anti-allergic
agent. It has the ability to increase the level of intercellular
ascorbic acid, scavenge oxidants, and free radicals. Rutin decreases
capillary permeability and fragility; inhibits destruction of bones;
and lowers the risk of heart attack and other heart diseases. It also
helps in the treatment of major diseases such as diabetes,
hypertension, cancer, and hypercholesterolemia.
The rutin market has
been segmented based on source. The key sources of rutin are plants,
vegetables, and fruits. Rutin is a citrus flavonoid glycoside found
in plants such as Viola tricolor, Capparis spinosa, Malus pumila
(apple), and Lycopersicon esculentum. Tartary buckwheat seeds have
been found to contain more rutin than common buckwheat
seeds. Apart from seeds of buckwheat, rutin is also found in flowers
of pansy and rose and leaves of Capparis spinosa. Rutin is one of the
primary flavonoids found in clingstone peaches. It also occurs in the
rind of citrus fruits, the core of green peppers, and in blueberries,
apricots, blackberries, cherries, rose hips, and millet.
In terms of
geography, the global rutin market can be segregated into North
America, Latin America, Asia Pacific, Europe, and Middle East &
Africa. With increase in the prevalence of lifestyle-related diseases
and growth of elderly population, consumers in North America are
inclining toward use of anti-oxidant products. This is driving the
market for rutin in the U.S. and other parts of North America, as
rutin products have anti-oxidant properties and anti-aging effect. In
Latin America, Chile has emerged to be a leading market for rutin, as
the consumption pattern in the country is shifting from junk food to
nutritious food. The demand for rutin is expected to increase with
this change in the food trend. With the presence of developing
economies such as India and China and rise in awareness among
consumers, the Asia Pacific region is likely to witness increase in
the demand for rutin products in the next few years. The rutin market
in Europe is projected to witness significant growth during the
forecast period, due to rising consumption of nutritional products in
the region.
Key players
operating in the global rutin market are Sichuan Chengdu Huaye Bio
Chem Products, Shaanxi Huike Botanical Development Co., Cayman
Chemical Company, Extrasynthese, Sigma-Aldrich Corp., Xena Bio
Herbals, Toyo Sugar Refining Co., Ltd., Medipharm Specialties Co.,
Ltd., and ZK Biochem Group Co., Ltd.
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The regional
analysis covers:
North America (U.S.
and Canada)
Latin America
(Mexico, Brazil, Peru, Chile, and others)
Western Europe
(Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
Eastern Europe
(Poland and Russia)
Asia Pacific (China,
India, Japan, ASEAN, Australia, and New Zealand)
Middle East and
Africa (GCC, Southern Africa, and North Africa)
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